Vericel Raises 2023 Revenue Guidance From $190M-$197M To $192.5M-$197.5M
Portfolio Pulse from Benzinga Newsdesk
Vericel has increased its 2023 revenue guidance from $190M-$197M to $192.5M-$197.5M.
November 08, 2023 | 12:59 pm
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Vericel has raised its 2023 revenue guidance, which may indicate a positive outlook for the company's future performance.
Companies usually raise their revenue guidance when they expect better future performance. This could be due to a variety of factors such as increased demand for their products or services, successful cost management, or other positive developments. This news is directly related to Vericel and is likely to have a positive impact on its stock price in the short term.
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